US EditionAsian Stocks Hesitant, Dollar Slides on Trump’s Attack on Powell
14 Articles
14 Articles
Trump’s war against Jerome Powell is crushing the value of the U.S. dollar
The U.S. dollar fell again today, following President Trump’s attacks on Fed Chair Jerome Powell and reports that Trump may name a replacement for him soon. Investors fear Trump’s influence could undermine Fed independence, leading to lower interest rates and worse inflation. Bond markets are seeing major outflows. Despite this, U.S. stocks remain resilient, with the S&P 500 near record highs. The dollar has lost 10.48% of its value against othe…
After the geopolitical truce, the eyes turn again to the threat of tariffs. ...
The dollar fell to its lowest level in more than three and a half years against the euro, affected by concerns about the independence of the Federal Reserve, amid sharp criticism from US President Donald Trump of Federal Reserve Chairman Jerome Powell...
Asian stocks hesitant, dollar slides on Trump’s attack on Powell
By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks stuttered on Thursday, while oil prices stabilized and the euro was perched at a 3-1-2/-year high as investors weighed geopolitical, economic and fiscal uncertainties as they braced for U.S. President Donald Trump’s deadline on tariffs. Markets have been soothed by a ceasefire between Israel and Iran that appeared to be holding, reducing the risks of disruptions to the global oil trade and unde…
Colorado Springs Gazette
Asian stocks hesitant, dollar slides on Trump's attack on Powell
By Ankur Banerjee
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